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Life companies Exchange

The only constant in global supply chain management seems to be uncertainty. Over the life of a supply chain network, a company experiences fluctuations in demand, prices, exchange rates, and the competitive environment. A decision that looks good under the current environment may be quite poor if the situation changes. Between 2000 and 2008, the euro fluctuated from a low of 0.84 to a high of almost 1.60. Clearly, supply chains optimized to 0.84 per euro would have difficulty performing well when the euro reached 1.60. [Pg.144]


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Life companies

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